No news today and the pricing on mortgages is continuing to move sideways. Don’t check out for Christmas just yet though because this is a pretty big news week, with the most significant event being the Fed rate decision on Wednesday afternoon. Although for the first time in a long while there have been more jobs created that pay higher than the median income, I don’t believe we are anywhere near seeing inflation at the 2.0-3.0% Fed target rate and they have a green light to kick up cost of funds 0.25%.
